Rent by ZIP · Washington County
Rent in Portland, OR 97223
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,970 (-3% vs FY2026). Renters in this ZIP code pay a median $1,785 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,600 | $1,660 | -3.6% | $1,440–1,760 | $1,442 ±$198 |
| 1 bedroom | $1,710 | $1,770 | -3.4% | $1,539–1,881 | $1,560 ±$102 |
| 2 bedrooms | $1,970 | $2,030 | -3% | $1,773–2,167 | $1,769 ±$43 |
| 3 bedrooms | $2,670 | $2,770 | -3.6% | $2,403–2,937 | $2,427 ±$194 |
| 4 bedrooms | $3,220 | $3,280 | -1.8% | $2,898–3,542 | $2,173 ±$377 |
Small Area FMRs for the Portland-Vancouver-Hillsboro, OR-WA MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Portland-Vancouver-Hillsboro, OR-WA MSA, 2 bedrooms: $1,878.
What renters pay in 97223
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 97222 | Portland | $1,790 | $1,644 |
| 97224 | Portland | $1,890 | $1,712 |
| 97221 | Portland | $1,910 | $1,671 |
| 97225 | Portland | $1,910 | $1,940 |
| 97220 | Portland | $1,730 | $1,587 |
| 97219 | Portland | $1,970 | $1,794 |
Fair Market Rents across Washington County, OR · All OR counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.